Email 2.1 - What's a community ROI?
Yurii Lazaruk
I help brands grow 10X through community ?? and freelancers build $1M+ businesses ??
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Let's Roll
Some time ago, if someone asked me this question, I'd say, "We have a sense of belonging in a community; you don't understand..."
But the more I work with communities, talk to stakeholders, different teams, and other community builders, the more I'm amazed at the power of communities, and the more I'm astonished at how bad we are (most of the community builders) in communicating it outside of the community world.
So, let's fix it! ??
Community ROI
Sometimes, it's hard to see the direct value of the community (we'll talk about it later), so let's start with how a community can bring value to other teams and departments:
Product — while a product team develops and focuses on making products better for customers, the community team collects all the feedback and customers’ needs, analyzes it, and brings it to the product team to build exactly what people want.
Customer support — if people face any challenges with a product, they need other like-minded people to talk about those challenges. That’s why people go to the community with every question they have about a product, and while communicating with other customers, they solve their problems and decrease a customer support team's load.
Marketing — community is a powerful instrument for engaging people and making them create user-generated content to share their experiences with others. A community also builds trust and loyalty and makes people happy. If you are happy, you’re shouting it out loud, which raises brand awareness.
Sales — millions of products are purchased all over the world through word of mouth. A community provides its members with amazing support, builds relationships, and is an amazing source of warm leads. And since a community holds all clients’ secrets and feedback, we definitely have some insights to share with the sales team ??
HR — people are interested in people, and when they see what is going on in the company’s community, how great communication is, and how seen and heard people feel, they want to become a part of this story and apply to positions shared within a community themselves or refer good people.
It's just a helicopter view of how a community can help other teams and the whole company reach their goals. In upcoming newsletters, I'll talk about all that in more detail!
Also, I'm preparing something amazing to share with you later, so stay tuned! ??
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Curiosity Corner
"Eventually, the work itself will become the purpose, and you will not care about the results. The work itself will become the reward, and you will stop looking outside it for rewards."
Excerpt From "The Gita for Children" by Roopa Pai, the book I loved reading shared with me by Nityesh Agarwal .
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